Fuel

Gasoline Rises to $2.45 Per Gallon

March 24, 2015
• by Staff

Photo via Wikimedia.

The price of a gallon of unleaded gasoline rose 0.4 of a cent to $2.457 per gallon for the week ending March 23, according to federal records.

The per-gallon price remains $1.092 less than it was a year ago, and registered a mixed week in the regions tracked by the U.S. Energy Information Administration. The price rose in two of the nine regions tracked, including a 10.6-cent increase to $2.391 in the Midwest. It rose 1.5 cents to $2.303 in the Rocky Mountain region. Prices fell in seven other regions, including a 6.9-cent decline to $3.047 on the West Coast and a 5.4-cent decline to $2.392 in New England.

Prices also fell in the states as tracked in the AAA's Daily Fuel Gauge Report. Gasoline costs more than $3 per gallon in California ($3.269) and Hawaii ($3.151). Gasoline in nine other states costs at least $2.50 per gallon. South Carolina ($2.106) remains the state with the lowest average price.

Meanwhile, the price of diesel fell 5.3 cents to $2.864. Diesel now costs $1.124 less than it did a year ago.

A recent bill proposed by California State Senator Nancy Skinner (D-Berkeley) lays out an even more aggressive plan for emissions reduction in the state and puts the transportation sector squarely in its crosshairs.

The price of regular gasoline continued to decline over the holidays and reached an average of $2.266 per gallon for the week ending Dec. 31, which was 5.5 cents lower that the prior week, according to the U.S. Energy Information Administration.